Yea, some retail traders with small trading capital are not usually comfortable with the small profit they are making from trading and the reason is because most of them are being motivated by the flashy cars and luxurious lifestyle of their trading mentors, therefore they want to make it as soon as possible to be able to afford those lifestyle but they fail to realize that trading is not a get rich quick scheme. Trading is more like a business which a smart trader should adopt a strategy that can help them grow gradually instead of just becoming suddenly rich.
This reason is why apprenticeship doesn't works for most people because they felt that they knew it all without know that they must learn to know things about what they are learning, just as you said about trading. Trading and getting small profits is also from the amount we usually used to trade with and sometimes our capital determines our profits from trading we are doing, therefore if one must gain huge profits as their mentor then they need to learn the secrets their mentor has, and also increased their trading amount to gain huge profits from trading before looking at the flashy aspect of what they had achieved through trading. 
Topic: Do you think to succeed in the bull market you need to acquire more strategy? (Read 1311 times)
December 01, 2024, 09:55:26 AM
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December 01, 2024, 07:20:06 AM
Small investors and small traders have their habit to chase big profit, but big investors and traders will do different. They will prioritize safety of their funds and focus on protecting their funds, profit they want to have would be acceptable lower, because with them, 10% profit means a lot of money already. They are experienced to know that, if they can protect their capital, they will have many other opportunities in this 24/7 market.
Chances to get profit come and go, so investors and traders don't need to worry of Missing out. They must know that if they FOMO, they increase risk of getting loss.
Chances to get profit come and go, so investors and traders don't need to worry of Missing out. They must know that if they FOMO, they increase risk of getting loss.
Yea, some retail traders with small trading capital are not usually comfortable with the small profit they are making from trading and the reason is because most of them are being motivated by the flashy cars and luxurious lifestyle of their trading mentors, therefore they want to make it as soon as possible to be able to afford those lifestyle but they fail to realize that trading is not a get rich quick scheme. Trading is more like a business which a smart trader should adopt a strategy that can help them grow gradually instead of just becoming suddenly rich.
November 30, 2024, 01:42:25 PM
~Snip
Small investors and small traders have their habit to chase big profit, but big investors and traders will do different. They will prioritize safety of their funds and focus on protecting their funds, profit they want to have would be acceptable lower, because with them, 10% profit means a lot of money already. They are experienced to know that, if they can protect their capital, they will have many other opportunities in this 24/7 market.Chances to get profit come and go, so investors and traders don't need to worry of Missing out. They must know that if they FOMO, they increase risk of getting loss.
Traders' and investors' time frames tend to be different and I'm sure their profit targets are also different. Investors tend to expect large returns from their investments, even if they justify investing as a means of storing value. So we cannot say they are the same, even if the end goal is the same.
November 30, 2024, 10:51:26 AM
It's not only holders that makes more profit from Bitcoin, successful traders also makes huge profit from trading and despite the losses they experience sometimes, they don't lose everything completely except it's a newbie that doesn't know what they are doing. Some big volume trader could trade with $100k and make 20-40% in just one dayday but holders will hold for 4 to 8 years to make that same amount.
Small investors and small traders have their habit to chase big profit, but big investors and traders will do different. They will prioritize safety of their funds and focus on protecting their funds, profit they want to have would be acceptable lower, because with them, 10% profit means a lot of money already. They are experienced to know that, if they can protect their capital, they will have many other opportunities in this 24/7 market.Chances to get profit come and go, so investors and traders don't need to worry of Missing out. They must know that if they FOMO, they increase risk of getting loss.
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November 30, 2024, 09:16:01 AM
Those who has been hodling their coin for like 4-10 ago can decide to sell little of their Bitcoin hodling and earn more profits that is why is good to hodl those who are still buying Bitcoin now with a long term perspective will definitely benefits more in the time coming but in trading you can only get little profit but when losing more loss more.
It's not only holders that makes more profit from Bitcoin, successful traders also makes huge profit from trading and despite the losses they experience sometimes, they don't lose everything completely except it's a newbie that doesn't know what they are doing. Some big volume trader could trade with $100k and make 20-40% in just one dayday but holders will hold for 4 to 8 years to make that same amount.
November 30, 2024, 08:06:43 AM
More source of income and strategies are the major tool you can use to succeed in the bull market, because the funds you have can make you to exercise patience for the bull market to get mature before you can trade to earn income, and it will help you to make a good income that will make you to like the strategy you are using in the bull market, never you focus on only one information because listening to different information about the price of the market, it will make you to understand which one will be favourable when you trade the coins in the market.
November 30, 2024, 04:38:51 AM
A new trader don't need to use many strategies to prevents from the lose. He only needs to know when to buy low and sell high, that's it. When he gets more experience, he can learn more about trading such as learning about analysis, how to use indicator, how to analyze the chart and else.
He can try more strategies when he have more experiences so his chance to get more profit will be bigger. He needs to learn more about trading so he can improves his skills and know when he can trade. But as a beginner in trading, he needs to have controls over himself because the market fluctuate and that can makes him panic.
Trading is hard and not what a newbie should jump into and begin to experiment with different strategies, so that they can minimize loses. Learning is key, they can adopt a strategy and focus on it for a period of time, while they're being mentored to improve their knowledge. If a new trader is in a rush to try out different strategies all at once, it can be likened to gambling their funds, so learning how to control emotions, diligently learning the fundamentals and technicalities is the basics.He can try more strategies when he have more experiences so his chance to get more profit will be bigger. He needs to learn more about trading so he can improves his skills and know when he can trade. But as a beginner in trading, he needs to have controls over himself because the market fluctuate and that can makes him panic.
My speculation is that we're not yet in the peak of bull run yet, so I believe that it's safe to tell any newbie to consider investing in Bitcoin and get ROI before the start of bear run.
November 30, 2024, 03:27:28 AM
Well like a question a neighbor asked me today because he knows I deal with bitcoin trading and to what relates with bitcoin. He asked that if he wants to make money from trading does he need several strategy to start up as a beginner?
Straight up answer:
I said no because like most post I do read here I have to understand that one doesn't really needs to acquire several strategies as someone who is starting up instead needs to develop himself to understand more things about that trading before trying to explore different strategy to trade with. However, I don't think it's a solution to newbies rather a kind of distractions making them to lose more at the cause of trying to adopts more techniques to succeed.
What do you think, is that question okay as you know and have your knowledge towards trading?
Straight up answer:
I said no because like most post I do read here I have to understand that one doesn't really needs to acquire several strategies as someone who is starting up instead needs to develop himself to understand more things about that trading before trying to explore different strategy to trade with. However, I don't think it's a solution to newbies rather a kind of distractions making them to lose more at the cause of trying to adopts more techniques to succeed.
What do you think, is that question okay as you know and have your knowledge towards trading?
If you are in a bull market and you are a newbie, I think the best strategy is to just invest and then hold, you don't need to compete in trading. It is difficult to trade without having enough knowledge, so instead of doing this, just hold while you learn.
Also, holding bitcoin has been proven by those who have tried to just hold because the average of the security is actually quite high compared to doing trading activity most of the time.
November 30, 2024, 02:21:45 AM
Well, you can learn as many strategy as you want but lastly you will only end up using the one that gives you a better result when compare to others. Learning different strategies means you will have to back test all of them to know the one that works best. There's no way you can use all of them, definitely you will have to choose the one that produce more successful results over others.
Trading is very dangerous and your learning progress and adventure in trading can be very costly for you. I paid my expensive cost for my adventure too and I'd like to share my thinking that, if you join this market for profit, it's ok.The best way for you as newbie to get profit is holding bitcoin, trading is not the best way. Start with investing and holding, and after you get very good profit from one market cycle, and experience a first bear market, you can start to think of trading. Trading only with Spot, and don't trade with Margin, Futures.
If you can not go through a bear market and defend your previous profit and initial capital, trading is very dangerous for you and you will lose more money by trading.
Yeah, you are right, the fact that trading is very risky is not disputed. Unless a newbie is ready to accept permanent losses before I can recommend trading to them, else I will not. Holding is less risky because if the price of your assets is dropping, you will not lose your money unless you sell, you can still hold till you are in profit but in trading, if you lose, it's a permanent lose.
Those who has been hodling their coin for like 4-10 ago can decide to sell little of their Bitcoin hodling and earn more profits that is why is good to hodl those who are still buying Bitcoin now with a long term perspective will definitely benefits more in the time coming but in trading you can only get little profit but when losing more loss more.
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November 29, 2024, 11:46:58 AM
Well, you can learn as many strategy as you want but lastly you will only end up using the one that gives you a better result when compare to others. Learning different strategies means you will have to back test all of them to know the one that works best. There's no way you can use all of them, definitely you will have to choose the one that produce more successful results over others.
Trading is very dangerous and your learning progress and adventure in trading can be very costly for you. I paid my expensive cost for my adventure too and I'd like to share my thinking that, if you join this market for profit, it's ok.The best way for you as newbie to get profit is holding bitcoin, trading is not the best way. Start with investing and holding, and after you get very good profit from one market cycle, and experience a first bear market, you can start to think of trading. Trading only with Spot, and don't trade with Margin, Futures.
If you can not go through a bear market and defend your previous profit and initial capital, trading is very dangerous for you and you will lose more money by trading.
Yeah, you are right, the fact that trading is very risky is not disputed. Unless a newbie is ready to accept permanent losses before I can recommend trading to them, else I will not. Holding is less risky because if the price of your assets is dropping, you will not lose your money unless you sell, you can still hold till you are in profit but in trading, if you lose, it's a permanent lose.
November 29, 2024, 10:47:18 AM
Well, you can learn as many strategy as you want but lastly you will only end up using the one that gives you a better result when compare to others. Learning different strategies means you will have to back test all of them to know the one that works best. There's no way you can use all of them, definitely you will have to choose the one that produce more successful results over others.
Trading is very dangerous and your learning progress and adventure in trading can be very costly for you. I paid my expensive cost for my adventure too and I'd like to share my thinking that, if you join this market for profit, it's ok.The best way for you as newbie to get profit is holding bitcoin, trading is not the best way. Start with investing and holding, and after you get very good profit from one market cycle, and experience a first bear market, you can start to think of trading. Trading only with Spot, and don't trade with Margin, Futures.
If you can not go through a bear market and defend your previous profit and initial capital, trading is very dangerous for you and you will lose more money by trading.
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November 29, 2024, 10:25:38 AM
Right, knowing multiple strategy for trading is definitely good and they can achieve good profit in the bull run. Market analysis is very important for trading and tracking the coins in the market. and if you know more than one strategy for this, something can be tracked very quickly and action can be taken quickly. There is a lot of hype in the market during the bull run, so the market is more volatile. and at that time if someone tells some special strategy they can earn a lot of profit
Well, you can learn as many strategy as you want but lastly you will only end up using the one that gives you a better result when compare to others. Learning different strategies means you will have to back test all of them to know the one that works best. There's no way you can use all of them, definitely you will have to choose the one that produce more successful results over others.
November 28, 2024, 11:18:16 PM
It’s good if you’ve known several strategies in trading as you can compare which works the most for you, but using one or two could be good enough for a smart trader. The only way to be successful in the bull run is knowing how to play the game well, make sure that you enter trading with a good understanding and you know the rules when trading. Otherwise, if you rush into trading without proper knowledge and understanding, you will not only waste your time and effort, but you will also put your money into waste just because you trade without good preparation.
Right, knowing multiple strategy for trading is definitely good and they can achieve good profit in the bull run. Market analysis is very important for trading and tracking the coins in the market. and if you know more than one strategy for this, something can be tracked very quickly and action can be taken quickly. There is a lot of hype in the market during the bull run, so the market is more volatile. and at that time if someone tells some special strategy they can earn a lot of profit 
November 28, 2024, 11:02:26 PM
It's obvious that you will be very strategic and planed for the bullrun, because if you don't have good plans on bullrun you will end up for nothing, so I believe that you need to prepare yourself before bullrun so that you can take advantage of bullrun.
You know many people like to wake up immediately bullrun kicks off, so I believe that is what makes them to not be at side of profit during bullrun, I want to encourage everyone who is investor to be curious and understand that you need to prepare yourself ahead of bullrun, and sometimes you make research for good coin that can profitable so that you can hold, so people get motivated whenever the bullrun started, so believe that good coin you hold will make you smile, that's why people go into some altcoins and invest in so many of them, so I believe that if prepared ahead of bullrun definitely we will be at the positive side of bullrun.
You know many people like to wake up immediately bullrun kicks off, so I believe that is what makes them to not be at side of profit during bullrun, I want to encourage everyone who is investor to be curious and understand that you need to prepare yourself ahead of bullrun, and sometimes you make research for good coin that can profitable so that you can hold, so people get motivated whenever the bullrun started, so believe that good coin you hold will make you smile, that's why people go into some altcoins and invest in so many of them, so I believe that if prepared ahead of bullrun definitely we will be at the positive side of bullrun.
November 28, 2024, 04:43:16 PM
I think you gave solid advice. When I first started trading, I stuck to one simple strategy and spent time learning the basics—like how the market moves, managing risk, and not letting emotions mess up my decisions. Trying to juggle multiple strategies as a beginner would’ve been way too overwhelming and probably led to more losses than gains. It’s better to get comfortable with the fundamentals first, then slowly branch out when you’ve got a handle on things.
No matter what trading strategy you use, as long as it allows you to make a profit, it should not be changed. Using a large number of different strategies will not lead to even greater profit, most likely the trader will simply get confused in their use.
market condition or situation. We do know that when it comes into this aspect on which it will be also depends on what kind or type of trader you are because if you are a scalper then you will really be needing much of specific strategies on dealing prices on short term timeframes, whereas it will really be that lesser when you are on doing swing trades or even just simply making some selling on yearly or monthly basis.
Every movement and decisions you are making will significantly needing up some strategies and not really that making yourself that just simply sticking into one because market movements comes with different
variations on which it is that needing up some different approach as well.
November 24, 2024, 10:29:29 AM
I think you gave solid advice. When I first started trading, I stuck to one simple strategy and spent time learning the basics—like how the market moves, managing risk, and not letting emotions mess up my decisions. Trying to juggle multiple strategies as a beginner would’ve been way too overwhelming and probably led to more losses than gains. It’s better to get comfortable with the fundamentals first, then slowly branch out when you’ve got a handle on things.
No matter what trading strategy you use, as long as it allows you to make a profit, it should not be changed. Using a large number of different strategies will not lead to even greater profit, most likely the trader will simply get confused in their use.
November 24, 2024, 06:19:47 AM
I think you gave solid advice. When I first started trading, I stuck to one simple strategy and spent time learning the basics—like how the market moves, managing risk, and not letting emotions mess up my decisions. Trying to juggle multiple strategies as a beginner would’ve been way too overwhelming and probably led to more losses than gains. It’s better to get comfortable with the fundamentals first, then slowly branch out when you’ve got a handle on things.
No matter what trading strategy you use, as long as it allows you to make a profit, it should not be changed. Using a large number of different strategies will not lead to even greater profit, most likely the trader will simply get confused in their use.
November 23, 2024, 08:45:18 AM
Though the choice is for him to decides i have actually conveyed lot of discussions over here to him but i understand that it takes time for him to be stabilized here since to him it's an entire new environment unlike what he knows best, so just as you said he is a newbie who is trying to come up here and if he didn't abide to most of the information gotten from here i don't think there is anything he would ever understand again if not for everything people has already shared. I know the fast rise of bitcoin is so attempting and attractive to new investors they would want with all means to make sure they had hold some fraction of bitcoin before the price left them far above their expectations.
In fact new traders must learn more about the risks they will face in the crypto market when trading begins. As you said, for beginners, this is something they are just entering by looking for trading information so they can adjust and be more stable in managing the coins they will buy.
The very volatile rise in bitcoin is a challenge for investors who already have experience in this field, so I think beginners should not imitate them, but the advice they get here should be studied further, in trading strategies the choice and decision is in their own hands, regardless of how different.
November 23, 2024, 03:54:47 AM
I think you gave solid advice. When I first started trading, I stuck to one simple strategy and spent time learning the basics—like how the market moves, managing risk, and not letting emotions mess up my decisions. Trying to juggle multiple strategies as a beginner would’ve been way too overwhelming and probably led to more losses than gains. It’s better to get comfortable with the fundamentals first, then slowly branch out when you’ve got a handle on things.
November 22, 2024, 05:18:28 PM
~Snip~
Everyone have their own opinion but I personally find it funny how simple trading is but how complicated people make it. It's simple, buy low and sell high. My answer to your neighbour would be to never invest when price is in a bull run for a long time, especially since he is a newbie because in such cases, fear of missing out gets activated in every beginner and small dump is enough to make them sell their coins. Your friend should remember to never FOMO with asset like Bitcoin. Your friend should remember to always buy low sell high. If he payed 100K in 1 Bitcoin, he should sell it for higher than 100K, not for 70K.My another advice would be to never trade every day. He should try to catch best moments, not every moment. There are moment when I trade once in 6 months. I do not risk without good guarantees and high profit.
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